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Ask RoboHi.. I m planning to start sip for short/long term and I have picked my mfs, can anyone suggest that my portfolio is okay or should I make any changes. I m ready to take little risks… my selected portfolio is below and investment is 1000 per mf. ELSS 1. ABSL TAX RELIEF 96 2. LnT TAX ADVANTEGE LARGE CAP 1. KOTAK SELECT FOCUSED FUND 2.RELIANCE TOP 200 SMALL AND MID CAP 1.SBI SMALL AND MID CAP 2.RELIANCE SMALL CAP 3.FRANKLIN INDIA SMALLER COMPANIES FUND. MULTI CAP 1.HDFC MID CAP
Sandy asked 9 months ago
1 Answers
Roboadviso answered 9 months ago

Thanks for sharing the details. Please find below our views.

  • Both the ELSS funds which you have selected are good funds and have performed really well in last few years, and also these funds are less volatile and its fund manager have generated good alpha in last few years.

Large Cap

  • Kotak Select Focus Fund is a good fund and it has consistently generated very good returns in past. This is a Multi Cap fund which is currently having higher allocation in large caps as large caps stocks are less expensive when compared to small & Mid cap. You can do SIP into it but It is not a large cap fund.
  • Reliance top 200 has performed well in last few years but this has come with slight higher volatility than its peers. you can continue your SIPs into it, But we would recommend you Mirae Asset India Equity Fund in this category instead of Reliance Top 200 Fund.

Small & Mid Cap

  • SBI Small & Mid Cap is not accepting any fresh money and therefore you cannot start new SIP into it.
  • Reliance Small Cap has consistently generated returns over past few years. Its fund manager stock selection has paid off well but it has come with slightly higher volatility.
  • Franklin India Smaller Companies Fund has consistently generated very good returns with less volatility when compared to its peers. We should  continue our Sips in to it.

Multi Cap

  • HDFC Mid Cap Opportunities Fund is not a Multi Cap fund. It is basically Mid Cap fund. This fund has done really well in last many years with less volatility. We should continue SIP in this fund.

Happy Investing!

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